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Sebi may summon Kochhars soon; board to discuss coordinated efforts with govt, RBI

Sebi may summon Kochhars soon; board to discuss coordinated efforts with govt, RBI

Finance
Capital markets regulator Sebi (Securities and Exchange Board of India) may soon summon ICICI Bank's on-leave CEO Chanda Kochhar and her husband with regard to a probe into alleged regulatory lapses with regard to his business dealings, officials said Sunday. Besides, some other top officials of the bank, as also from Videocon, which allegedly benefitted due to its association with Kochhar's husband, are also likely to be called for their personal hearings regarding charges against them that may lead to the bank and its embattled chief being slapped with several crores of rupees in fines and other penal actions including ban from markets and directorships. According to top officials, the multi-agency probe into ICICI Bank and business dealings of the Kochhar family will also be discussed...
Top-ranked female portfolio managers discuss gender imbalance in fund management

Top-ranked female portfolio managers discuss gender imbalance in fund management

Finance
It's hardly a surprise that the asset management industry has a gender problem. Even so, some might be taken aback by the actual scale of the issue. Of the 16,084 portfolio managers tracked by Citywire around the world, just 1,662 — or 10.3 percent — are women. In the United States that figure falls to 9 percent. (Citywire is a financial publishing and information group that tracks the performance of fund managers.) There are multiple social and structural reasons for this but, crucially, no evidence that women underperform men when it comes to running money. In an effort to highlight the best female portfolio man...
Robert Kraft to discuss tensions with Bill Belichick, Tom Brady after season

Robert Kraft to discuss tensions with Bill Belichick, Tom Brady after season

Sports
The three men most responsible for turning the New England Patriots into a perennial power will wait until after the season to settle any differences, according to a report Saturday. Patriots owner Robert Kraft will sit down with head coach Bill Belichick and quarterback Tom Brady to "clear the air" of any lingering tensions, Ian Rapoport of the NFL Network reported. Reigning Super Bowl champion New England was set to host the Tennessee Titans on Saturday night in an AFC divisional round playoff game. The report comes a week after the Patriots denied there was friction among the trio, which reportedly stemmed from a dispute over the trade of backup quarterback Jimmy Garoppolo to San Francisco earlier this season. According to ESPN, which cited unnamed sources, Belichick was furious and dem...
'Disappointed' O'Neill to discuss Republic future after play-off defeat

'Disappointed' O'Neill to discuss Republic future after play-off defeat

Sports
Republic of Ireland manager Martin O'Neill will speak to the country's football association about his future after failing to reach the World Cup.The Republic were trounced 5-1 by Denmark in the play-offs. In October, O'Neill and assistant Roy Keane agreed contract extensions to remain until the Euro 2020 campaign."I thought there was an agreement. I'll speak to [FAI chief] John Delaney - I've not spoken to him since we spoke about the new contract," said O'Neill.O'Neill and Keane were appointed in November 2013 after the departure of previous boss Giovanni Trapattoni.They guided the Republic to Euro 2016, losing to France in the last 16.Match report: Republic or Ireland 1-5 DenmarkRelive Denmark's victory over the Republic of IrelandWhich teams have qualified for the World Cup?What you ne...